Millions of Australians have less than a grand to their name and about 3 in 4 say they are stressed with their current financial situation. A recent study conducted by the comparison website Finder has unveiled concerning statistics about the financial situation of Aussies, shedding light on a stark contrast […]
Economy
The federal and Northern Territory governments have just made a “historic” funding announcement of about A$1 billion for schools in the territory. This includes an extra $737.7 million from the federal government and an extra $350 million from the NT government between 2025 and 2029. This would make the NT only the […]
Australia’s largest export, iron ore, has long been a powerhouse of economic growth. Over the past two decades, its contribution to our national income has surged from just A$8 billion in 2005 to over A$124 billion today. But the Australian iron ore industry faces a major challenge as its biggest customers – China’s steel mills […]
A growing number of young Australians are turning to social media creators for financial guidance. About 30% of Australians, equivalent to 6 million people, now seek advice on spending, saving, and investing from online personalities, according to new research by comparison site Finder. Notably, it’s the younger demographics that are most […]
Financial stress is a pressing concern for nearly 12 million Australians, according to a recent survey conducted by the comparison website Finder.com.au. The study underscores the profound impact of money pressures on individuals’ overall well-being and quality of life, with younger demographics particularly affected. The survey revealed alarming statistics, with […]
A staggering two-thirds of Australian women (69%) find themselves grappling with financial stress, in stark contrast to 49% of men, highlighting ongoing economic inequality. An International Women’s Day Report by comparison website Finder delves deep into the chasm separating men and women in terms of financial stability. It found over […]
Australia’s housing crisis is putting the Australian dream to own one’s home out of reach for many. But it’s not just home ownership that has been affected. Rental affordability has also become a serious issue. This has reignited the debate about negative gearing; whether or not it is fair and whether it holds the […]
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s, according to newly released data for Australian private companies. It’s a gap of 14.5%, down from last year’s 15.4%. Men’s median annual base salary in 2022-23 of $79,613 compares to $68,071 for women. […]
Coles and Woolworths, the supermarket chains that together control almost two-thirds of the Australian grocery market, are facing unprecedented scrutiny. One recent inquiry, commissioned by the Australian Council of Trade Unions and led by former Australian Consumer and Competition Commission chair Allan Fels, found the pair engaged in unfair pricing practices; an […]
Apple is reportedly on the cusp of unveiling a groundbreaking AI tool designed to streamline code development. According to insights shared by Bloomberg, this innovative tool harnesses the power of generative AI and is nearing completion, with a potential release slated for later this year. Set to rival industry counterparts […]
